News & Stories
Miami. "The World", the only existing residential community at sea is now sold-out. The final few residences aboard the 165-home vessel were recently purchased, completing the sale of the inventory.
Gamisch-Partenkirchen. The Grand Hotel Sonnenbichl in Garmisch-Partenkirchen has allegedly been sold this week. According to hospitalityInside.com's sources, the stately property has been bought by an Egytian businessman.
Parsippany. Wyndham Hotels and Resorts, a subsidiary of Cendant Corporation debuted exterior and interior images of its three new hotel prototypes including guest rooms, lobbies, coffee bar and other public spaces.
Munich. Nominations for the "Property of the Year" are still being accepted until 31 July. The prize will be awarded as part of the one and a half day long conference "hotelforum" held on 25 October in Munich's Hotel Kempinski Vier Jahreszeiten.
London. 75% of UK timeshare owners, a total of almost 500,000 households, are pleased with their decision to buy timeshare; 72% of owners would recommend timeshare to a friend; 68% say timeshare is good value when compared with other holidays. The Organisation for Timeshare in Europe's first survey of UK owners uncovers a lot of details.
New York. US trend-setters Aby Rosen and Ian Schrager are collaborating on a brand new SoHo hotel at 350 West Broadway in New York, a site they bought a few weeks ago for about 25 million Dollars.
Davos. By next month at the latest, the canton and inhabitants of Davos are to give the official authorisation for a new mountain design and wellness hotel. The premises of the former Basel Clinic "Klinik am Wald" will form the stage for South Tyrol's designer Matteo Thun. His design for an oval shaped hotel on the mountain side will house 200 rooms and serviced apartments at 5 star standards.